August 19, 2013
As a startup we are always raising money. Spending valuable time to fill out complicated SEC forms every time we have an interested investors will tremendously slow down our productivity and progress. The current system of filing with SEC once we have landed an investment makes sense. What business does the SEC have in knowing that we would like to start receiving investment.
We are constantly looking for new investors. If this new rule passes we would do our best to always be in a state of raising money, just so we have the flexibility that we currently enjoy.